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Aramco Joins Forces with PIF-Backed Humain to Boost Saudi Arabia’s Digital Future

Prime Highlights: 

  • Saudi Aramco plans to buy a minority stake in Humain, a tech firm backed by the Public Investment Fund (PIF). 
  • The partnership will help expand Saudi Arabia’s digital growth and strengthen the country’s technology sector. 

Key Facts: 

  • Humain was launched in May 2025 and offers data center and cloud services. 
  • The company plans a dual listing on the Saudi and New York Stock Exchanges within four years. 

Background: 

Saudi Aramco has agreed to buy a minority stake in Humain, a tech firm backed by the Public Investment Fund (PIF). 

The deal will help expand Humain’s business and boost Saudi Arabia’s digital growth. The collaboration is designed to accelerate Saudi Arabia’s advancement in the rapidly growing data and AI industry, according to a joint statement released by the companies. 

While financial details were not disclosed, PIF will retain a majority shareholding, maintaining its strategic control of Humain. The move aligns closely with the Kingdom’s Vision 2030 objective of positioning Saudi Arabia as a regional technology and innovation hub by the end of the decade. 

Yazeed A. Al-Humied, deputy governor and head of Middle East and North Africa Investments at PIF, said the partnership reflects a shared commitment to building a strong AI ecosystem. The partnership between PIF and Aramco under Humain aims to build local talent, boost innovation, and open up new investment opportunities. 

Once the transaction is completed, Aramco intends to leverage Humain’s AI infrastructure to develop advanced industrial applications that could enhance its global operations. Amin H. Nasser, president and CEO of Aramco, said the investment will help the company grow in technology and improve efficiency. 

Humain, launched in May 2025, provides data center and cloud services and plans to list on the Saudi and New York Stock Exchanges within four years. He also shared that Humain Chat, the firm’s AI-powered assistant, has already reached 300,000 active users across the Kingdom. 

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